Cryptocurrency Q&A
What is an example of a P2SH address?
What is an example of a P2SH address?
Sara
Thu Dec 05 2024
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7 answers
1412
I'm trying to understand Bitcoin addresses, specifically the P2SH type. Could you provide me with an example of a P2SH address so I can get a better grasp of how it looks like?
7 answers
Alessandra
Sat Dec 07 2024
P2SH addresses possess a unique format that begins with the numeral "3".
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HanbokGlamourQueen
Fri Dec 06 2024
Following this initial digit, a sequence of both letters and numbers is present.
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DongdaemunTrendsetterStyleIcon
Fri Dec 06 2024
The script associated with the address undergoes a hashing process.
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ZenBalanced
Fri Dec 06 2024
After hashing, the script is securely stored within the blockchain network.
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KimonoGlory
Fri Dec 06 2024
This combination ensures that each P2SH address is distinctive and recognizable.
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